Mortgage Servicing
Latest Posts
CFPB sues Ocwen, alleges total failure of mortgage servicing process
Apr 20, 2017April 20, 2017 is turning into D-Day for Ocwen Financial. Earlier, a group of state banking regulators issued a series of cease-and-desist orders prohibiting the acquisition of new mortgage servicing rights. Now, the Consumer Financial Protection Bureau is suing the nonbank for “failing borrowers at every stage of the mortgage servicing process.”
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State banking regulators crush Ocwen’s business with sweeping new restrictions
Apr 20, 2017 -
Bank of America net income soars 40% in first quarter
Apr 18, 2017 -
Independent mortgage banks post record revenue per loan in 2016
Apr 14, 2017 -
Citigroup continues moving away from mortgages as originations plummet
Apr 13, 2017 -
Castle & Cooke Mortgage launches consumer direct lending channel
Apr 05, 2017 -
Caliber Home Loans finalizes acquisition of Banc Home Loans
Mar 31, 2017 -
PHH shakes up senior leadership, CEO Glen Messina departing
Mar 31, 2017 -
Goodbye plywood: Fannie Mae no longer allows plywood in pre-foreclosure
Mar 30, 2017 -
Ocwen now one giant step closer to acquiring MSRs again after new NYDFS agreement
Mar 27, 2017 -
OCC: Charts prove borrowers keep getting better at paying their mortgage
Mar 24, 2017 -
PHH laying off more employees in New York
Mar 21, 2017
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